View Block
Market Update
View Block
January 2025
U.S. Manufacturing Capacity Utilization: Manufacturing capacity utilization (MCU) reached 76.5% in December 2024, +0.46% month on month (m/m). On a year on year (y/y) comparison, the MCU was a modest -1.2%.
U.S. Steel Capacity Utilization: The total tonnage for the week ending December 28th was 1.658 million net tons, at a capacity utilization rate of 74.7%. The year-to-date tonnage output is 88.490 million net tons, at an average capacity utilization rate of 76.6%. In 2023, the same output total was 88.442 million net tons, at an average capacity utilization of 75.1%.
December 2024
U.S. Steel Capacity Utilization: The total tonnage for the week ending November 30th was 1.638 million net tons, at a capacity utilization rate of 73.8%. The year-to-date tonnage output is 81.823 million net tons, at an average capacity utilization rate of 76.7%. In 2023, the same output total was 79.956 million net tons, at an average capacity utilization of 75.2%.
November 2024
U.S. Steel Capacity Utilization: The total tonnage for the week ending October 26th was 1.660 million net tons, at a capacity utilization rate of 74.7%. The year-to-date tonnage output is 73.629 million net tons, at an average capacity utilization rate of 77.0%. In 2023, the same output total was 73.191 million net tons, at an average capacity utilization of 75.4%.
October 2024
U.S. Steel Capacity Utilization: The total tonnage for the week ending September 28th was 1.646 million net tons, at a capacity utilization rate of 74.1%. The year-to-date tonnage output is 67.112 million net tons, at an average capacity utilization rate of 77.5%. In 2023, the same output total was 66.388 million net tons, at an average capacity utilization of 75.5%.
U.S. Capacity Utilization was 78.2% in June, flat month on month (m/m). Mexico Capacity Utilization was 81.1% in June, down 2.0% month on month (m/m). Canada Capacity Utilization was 79.1% in June, up 0.6% quarter on quarter (q/q).